Pfizer weighs German investment as peers push back on reform
US pharma giant Pfizer (NYSE: PFE) is reviewing the timing and scope of planned investments in Germany, as industry anger builds over proposed healthcare reforms that could lower drug prices in one of Europe’s largest pharma markets.
Albert Bourla, Pfizer’s chief executive, set out the warning in a June 9 letter to German Chancellor Friedrich Merz, seen by Reuters and first reported by Handelsblatt.
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